NOT LISTED FOR SALE

8701 Midnight Pass Rd Unit 506A Sarasota, FL 34242

Estimated Value: $663,000 - $745,000

2 Beds
2 Baths
1,546 Sq Ft
$744/mo HOA Fee

Last Sold April 30, 2024

Last sale price $815,000 $527 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,169/month

9 Days on Market

Highlights

  • 200 Feet of Intracoastal Waterfront
  • Dock has access to electricity
  • Assigned Boat Slip
  • Phillippi Shores Elementary School Rated A
  • Beach Access
  • Intracoastal View

About This Home

As of April 2024

Amazing Open Bay views to enjoy dramatic Sunrises. A short Stroll to the Beach or sensational Siesta Key Sunsets. Secluded Community with beautifully manicured landscaping, Heated pool, Spa, Tennis Courts, Pickle Ball, Boat Docks (lifts allowed) Fishing Pier, Club House and Beach Access. On-site manager and two elevators. Updated kitchen with white cabinets and solid surface countertops. 20” Tile! Furniture is included. Laundry in residence. Private Garage under building (21”X13’) plus 6’X7)’ for storage PET FRIENDLY! New Rheem hot water heater 2019, HVAC 10-2020 Close to three of Siesta Key’s favorite restaurants or take the trolley to Siesta Key Beach

Last Agent to Sell the Property

Marlene Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3113521 Listed on: 02/13/2024

MICHAEL SAUNDERS & COMPANY

Co-Listed By

George Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3033598

Last Buyer's Agent

Linda Stowe

MICHAEL SAUNDERS & COMPANY License #3142559

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,805

Year Built

  • Built in 1980

Lot Details

  • 200 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Street paved with bricks

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Parking Garage Space

Property Views

  • Intracoastal
  • Full Bay or Harbor

Home Design

  • Traditional Architecture
  • Entry on the 5th floor
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Inside Utility
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Heated Spa
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • First Come-First Served Dock
  • Assigned Boat Slip
  • Dock has access to electricity
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, maintenance structure, ground maintenance, management, pest control, trash, water
  • $25 Other Monthly Fees
  • Lynn Schooley Association, Phone Number (941) 349-7300
  • Visit Association Website
  • Turtle Bay Community
  • Turtle Bay Sec 2 Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Small pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,805

Year Built

Built in 1980

Lot Details

0

HOA Fees

$744 per month

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1546
  • Lot Size Acres: 2.92
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1546
  • Lot Size Sq Ft: 127257
  • Directions to Property: 2.5 miles South of Stickney Point Rd on Midnight Pass Rd, Turn Left (East) onto Turtle Bay. In North Building. Park in Visitor parking.
  • Status: Sold
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34242
  • Escrow State: FL
  • Escrow Street Name: Ocean Boulevard
  • Escrow Street Number: 5100
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 527.17
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Slip 1st Come,Dock w/Electric,Dock w/o Electric
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFee: 300
  • MFR_DockMaintenanceFeeFrequency: Annual
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Intracoastal Waterway,Waterfront
  • Attribution Contact: 941-349-3444
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 8701
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 143.63
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Other Structures: Tennis Court(s)
  • Pool Features: Auto Cleaner, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sprinkler Metered, Tennis Court(s)
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: INTER-COASTAL WATERWAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip,Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0207F
  • Additional Water Information: Beach Access.
  • Water Frontage Feet ICW: 200

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sprinkler Well, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Elevator(s), Lobby Key Required, Pickleball Court(s), Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Lynn Schooley
  • Phone: 941-349-7300
  • Association: No
  • Security: Key Card Entry, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: TURTLE BAY
  • Condo Fees: 2233
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: lschooley@turtlebay.com
  • Monthly Condo Fee Amount: 744
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: turtlebayfl.com

Fee Information

  • Total Annual Fees: 8932.00
  • Total Monthly Fees: 744.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129083034
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Landscaped, Street Brick, Private
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 11823

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 7805
  • Tax Book Number: 1457-1810
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway
  • Approval Process: See Condo Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 30, 2024
Sold by
Flis Raymond S and Flis Carol E
Bought by
Beverly J Young Revocable Trust and Young
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Linda Stowe
MICHAEL SAUNDERS & COMPANY
List Price
$835,000
Sold Price
$815,000
Premium/Discount to List
-$20,000
-2.4%
Views
19
Current Estimated Value
$712,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,951
Avg. Annual Appreciation
-8.83%

Purchase Details

Listed on
Dec 8, 2017
Closed on
Mar 27, 2018
Sold by
Scherrer Martin G and Scherrer Joyce I
Bought by
Fils Raymond S and Fils Carol E
Seller's Agent
Lorraine Neal
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lorraine Neal
MICHAEL SAUNDERS & COMPANY
List Price
$665,000
Sold Price
$620,000
Premium/Discount to List
-$45,000
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
Oct 24, 2017
Sold by
Scherrer Martin G and Scherrer Joyce L
Bought by
The Martin G Scherrer And Joyce L Scheer

Purchase Details

Closed on
Aug 16, 2001
Sold by
Kehoe David J
Bought by
Scherrer Martin G and Scherrer Joyce I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.19%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Zarraby Mansur and Zarraby Shahla
Bought by
Kehoe David J
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beverly J Young Revocable Trust $815,000 Msc Title
Fils Raymond S $620,000 Msc Title Inc
The Martin G Scherrer And Joyce L Scheer -- Attorney
Scherrer Martin G $420,000 --
Kehoe David J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherrer Martin G $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $815,000 -2.4% $527 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $835,000 +34.7% $540 / Sq Ft
03/27/2018 03/27/18 Sold $620,000 -4.5% $401 / Sq Ft View Prior Sale
03/06/2018 03/06/18 Pending -- -- --
02/06/2018 02/06/18 Price Changed $649,000 -2.4% $420 / Sq Ft
12/08/2017 12/08/17 For Sale $665,000 -- $430 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,805 $624,505 -- --
2023 $7,805 $682,800 $0 $682,800
2022 $7,201 $625,600 $0 $625,600
2021 $6,180 $469,200 $0 $469,200
2020 $6,407 $478,200 $0 $478,200
2019 $6,518 $491,300 $0 $491,300
2018 $5,062 $375,200 $0 $375,200
2017 $5,056 $358,930 $0 $0
2016 $4,613 $326,300 $0 $326,300
2015 $4,664 $321,500 $0 $321,500
2014 $4,908 $307,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marlene Marshall

    Seller's Agent in 2024

    Marlene Marshall

    Michael Saunders

    (941) 539-8850

    38 in this area

    45 Total Sales

    Marlene Marshall
    Section Image

  • G

    Seller Co-Listing Agent in 2024

    George Marshall

    Michael Saunders

    (941) 961-3221

    29 in this area

    30 Total Sales

    George Marshall
    Section Image
  • Linda Stowe

    Buyer's Agent in 2024

    Linda Stowe

    Michael Saunders

    (941) 228-5685

    22 in this area

    26 Total Sales

    Linda Stowe
    Section Image
  • Lorraine Neal

    Seller's Agent in 2018

    Lorraine Neal

    Michael Saunders

    (941) 350-0997

    1 in this area

    36 Total Sales

    Lorraine Neal
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4598112

Stellar MLS

APN: 0129-08-3034

Florida Sarasota County Sarasota 34242

8701 Midnight Pass Rd Unit 506A, Sarasota, FL

This home is located at 8701 Midnight Pass Rd Unit 506A, Sarasota, FL 34242 since 13 February 2024 and is currently estimated at $712,049, approximately $460 per square foot. This property was built in 1980. 8701 Midnight Pass Rd Unit 506A is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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